Payment of Rebate Clause Examples

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Payment of Rebate. The applicable rebate of the Termination Fee shall become payable to Customer upon execution of a new exclusive agreement for Initial Services by and between Customer and Metavante within six (6) months following the Effective Date of Termination (the “New Agreement”). The terms of such New Agreement shall be as mutually agreed by the parties and nothing herein shall obligate Metavante or Customer to accept any terms or conditions, whether or not previously acceptable to either of them. The rebate may be paid to Customer by Metavante, in its sale discretion, in the form of a discount to fees payable by Customer under the New Agreement or as a credit against implementation, conversion, training, or professional services fees payable by Customer, or in such other manner as Metavante shall decide.
Payment of Rebate. The Supplier shall pay the Customer the Rebate in respect of the Customer’s Spend in accordance with the Order Form. The Rebate is exclusive of VAT, which shall be added at the prevailing rate as applicable and paid by the Supplier. If at any time during this Call Off Contract Period the Supplier increases the Rebate Rate(s) in accordance with the terms of the Framework Agreement, the Supplier shall immediately increase the Rebate Rates(s) applicable under this Call Off Contract by the same amount. Recovery of Sums Due Any overpayment by either Party, whether of the Call Off Contract Charges, the Rebate or otherwise, shall be a sum of money recoverable by the Party who made the overpayment from the Party in receipt of the overpayment. The Supplier shall make any payments due to the Customer without any deduction whether by way of set-off, counterclaim, discount, abatement or otherwise unless the Supplier has a valid court order requiring an amount equal to such deduction to be paid by the Customer to the Supplier. All payments due shall be made within the time period set out in Clause 22.3.2 or 22.4.1 (as applicable) unless otherwise specified in this Call Off Contract, in cleared funds, to such bank or building society account as the recipient Party may from time to time direct. Euro Any requirement of Law to account for the Services in Euro, (or to prepare for such accounting) instead of and/or in addition to Sterling, shall be implemented by the Supplier free of charge to the Customer. The Customer shall provide all reasonable assistance to facilitate compliance with Clause 22.6.1 by the Supplier. Not USed STAFF AND STAFFING SECURITY Staff The Customer may, by written notice to the Supplier, refuse to admit onto, or withdraw permission to remain on, the Customer’s Premises: any member of the Staff; or any person employed or engaged by any member of the Staff, whose admission or continued presence would, in the reasonable opinion of the Customer, be undesirable. Staff engaged within the boundaries of the Customer’s Premises shall comply with such rules, regulations and requirements (including all those relating to security arrangements and the Security Policy) as may be in force from time to time for the conduct of personnel when at or within the boundaries of those Customer’s Premises. [Relevant Convictions INTENTIONALLY LEFT BLANK – NOT USED This Clause shall apply if the Customer has so specified in the Order Form. The Supplier shall ensure that no pe...
Payment of Rebate. The Charterers (as sellers under the MOA) shall pay to the Owners (as buyers under the MOA) accrued Rebate over each Instalment on the last day of each Rebate Period (each a “Rebate Payment Date”).
Payment of Rebate. 10.7.1 In case the Long Term Transmission Customer pays to the TSP through any mode of payment in respect of a Monthly Transmission Charge Invoice or Supplementary Xxxx, the following shall apply: a. For payment of Invoices through any mode of payment, a Rebate of 2% shall be allowed on the Monthly Transmission Charge Invoice or Supplementary Xxxx for payments made in full within one Business Day of the receipt of the Invoice; or b. For payment of Invoices subsequently, but within the Due Date, a Rebate of 1% shall be allowed on the payments made in full. c. Applicable rate of Rebate at (a) and (b) above shall be based on the date on which the payment has been actually credited to the TSP‟s account. Any delay in transfer of money to the TSP‟s account, on account of a statutory holiday, public holiday, or any other reasons shall be to the account of the Long Term Transmission Customers. d. No Rebate shall be payable on the bills raised on account of Change in Law relating to taxes, duties and cess; Provided that if any Long Term Transmission Customer fails to pay a Monthly Transmission Charge Invoice/ Supplementary Xxxx or part thereof within and including the Due Date, the TSP shall recover such amount as per provisions of Article 10.11.1(f).
Payment of Rebate. (i) On a date no later than 60 days after the close of last day of the fifth Bond Year and each succeeding fifth Bond Year or at such other times as the Borrower may specify with the concurrence of Bond Counsel, or such other time as may be provided by law, the Trustee, at the written direction of the Authorized Borrower Representative, shall pay to the United States from amounts on deposit in the Rebate Fund at least the amount required to be paid pursuant to the provisions of Section 148(f) of the Code as calculated by or on behalf of the Borrower, provided that any amount due in excess of amounts in the Rebate Fund shall be paid by the Borrower. Within 60 days after the Final Computation Date, the Trustee, at the written direction of the Authorized Borrower Representative, shall pay to the United States of America from amounts on deposit in the Rebate Fund 100% of the entire amount then payable pursuant to this Section 148(f) of the Code as calculated by or on behalf of the Borrower, provided that any amount due in excess of amounts in the Rebate Fund shall be paid by the Borrower. Unless otherwise provided by law, each payment shall be made to the Internal Revenue Service Center, Pxxxxxxxxxxx, Xxxxxxxxxxxx 00000 or any other address specified by the Internal Revenue Service, accompanied by a copy of the applicable Form 8038-T and any additional materials that may be required by law or regulation. Any officer of the Issuer is authorized to execute a Form 8038-T for this purpose, but the preparation, accuracy and completeness thereof are the sole responsibility of the Borrower. (ii) No earlier than 60 days, or later than 35 days, before each date on which a payment could become due under subsection (d) (i) above (a "Rebate Payment Date"), the Trustee shall notify the Borrower at its Notice Address by registered or certified mail, postage prepaid, or by telegram, of its obligation to comply with the requirements of this subsection (d). (iii) Not later than 15 days prior to each Rebate Payment Date, the Borrower shall deliver to the Trustee (A) a copy of the Form 8038-T filed with respect to the Bonds,
Payment of Rebate. Payment of rebate by KYPERC is subject to the terms and conditions of this Agreement. Completed and approved Applications should have a rebate check issued within 90 days after the Application is received at the KYPERC office, subject to Available Funds. No Applicant has a legal right or other entitlement to receive rebates under the Program or this Agreement. A completed Application does not bind KYPERC to approve or pay a rebate to any applicant.
Payment of Rebate. Promptly after the close of each month, the Trustee shall provide the Borrower with a statement of each investment made in each fund and the earnings on each fund and account established under the Agreement for such month in such detail as will allow the Borrower to comply with the requirements of IRC Section 148.
Payment of Rebate. AMOUNT(S) ------------------------------- (a) The Rebate Amount(s) earned by DISTRIBUTOR will be awarded at MS' option as (i) credits that may be used to offset then-current or future royalties that accrue pursuant to the Agreement (or a successor agreement to the Agreement) or (ii) in the form of a check sent to DISTRIBUTOR in care of the MS Embedded Administrator Contact name and address indicated on the Addresses Schedule to the Agreement. Such amounts shall be credited or paid not later than * days after the end of the Period in which the Rebate Amount was earned. If the Agreement is terminated or expires after completion of a full Period in which a rebate was offered, and no successor agreement is entered into between DISTRIBUTOR and MS, then MS will refund to DISTRIBUTOR the Rebate Amount earned, less deductions for any outstanding amounts or obligations due to MS under the Agreement. (b) DISTRIBUTOR shall be solely responsible for payment of taxes, duties, fees, excises or tariffs imposed on any discounts, credits or payments made by MS to DISTRIBUTOR pursuant to this Rebate Program, provided however, MS may withhold and pay to tax authorities such amounts as may be required under applicable state or federal law on discounts, credits or payments made by MS to DISTRIBUTOR.
Payment of Rebate. 6.1 Rebates
Payment of Rebate. All Property Tax Rebate payments subject to this Agreement shall be paid to Superior or a designated Superior Subsidiary or Affiliate by the City no later than March 31st of the next year following each January 1st assessment date for which the City receives an annual report from Superior. The first payment shall be due March 31, 2017.